4198 Highway 1 Raceland, LA 70394

Listing Agency KELLER WILLIAMS REALTY BAYOU P l***@kw.com Show Phone

Listed by Lisa Braud · License #995691888 Show Phone

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Added: Nov 17, 2024 Checked: Jul 17 at 5:23 am

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Investment Insights

Based on property information with market context.

This 24-acre property offers a mix of residential and commercial opportunities, along with agricultural potential. The property includes a main house suitable for living in or renting out, as well as other rental income homes. There is potential for renting out camper spaces or accommodating commercial businesses. One acre is currently rented for $1500 per month to a storage company. Additional structures include a 5000 sq. ft. pavilion and a 2200 sq. ft. shop, which are rented for motorhome storage at $350. The main house features offices, including one measuring 15x16 with a full bath and another measuring 14x16. The rear acreage presents farming possibilities. The property size is 5500 square feet and is located in Raceland, LA.

Key Highlights

• Significant rental income potential from multiple sources.
• Large 24‑acre property offering diverse opportunities.
• Multiple buildings on the property including a main house, rental homes, a 5000 sq. ft. pavilion, and a 2200 sq. ft. shop.

Property Analytics

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FAQs

What type of property is this?

Multifamily property - 24-acre property with residential, commercial, and agricultural potential.

Where is this multifamily property located?

The property is located at 4198 Highway 1 Raceland, LA.

What is the asking price?

The asking price for this property is $799,000.

What are key features of this property?

This property features: Significant rental income potential from multiple sources.; Large 24‑acre property offering diverse opportunities.; Multiple buildings on the property including a main house, rental homes, a 5000 sq. ft. pavilion, and a 2200 sq. ft. shop.